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Global Seed Market to Grow at a CAGR of 9.7% Till Year 2021, Finds New Market Research Report

Global Seed Market Research Report 2021 (by Crop Type, Treatment and Geography)is now available from MarketResearchReports.com

Lewes, DE -- (SBWIRE) -- 11/15/2017 -- The current global population stands at around 7.5 billion and is growing at a rate of 1.11% per year. Advanced estimates from United Nation Population Fund says that the global population will rise to 8 billion by 2025 and 9 billion by 2043. There lies the challenge ahead to meet the food requirements of this ever growing population. Given the steep population rise over the years, global farmland has declined along with a reduction in per hectare yield.Thus, in near future seeds will play pivotal role in food economy.

The global seed market is highly oligopolistic in nature dominated by companies like Monsanto, DuPont, Syngenta and Bayer to name a few. The demand for seeds is on the rise due to global population rise and thus the Seed market is a highly growing one.

The objective of this research study is to understand the current Seed market across the world and to estimate the growth rate for the next 5 years. The report covers the detailed analysis of 12 companies- their value chain, financial performance and forecast, Business strategy, SWOT analysis which are involved in breeding and production of seeds and having presence across different regions of the world. The details of the company and certifications are also mentioned in this report.

The seed market globally expected to grow at a CAGR of 9.7% till year 2021. The end users of seed are farmers or anyone who grows it for cultivation. Cereals and grains, oil seeds, fruits and vegetables and other seeds are the major seeds produced in that order globally. Increasing demand for global food production, increase in the use of commercial seeds, increase in the use of GM seeds, development in non-food seed market, sustainable increase in productivity are some of the key factors which will drive the growth of seed industry.

This report concludes by analyzing the industry through PESTLE, porters 5 forces and SWOT, discusses the challenges faced by the new players entering the industry and present and future trends observed. Strategic recommendations are also discussed separately and in detail for policy maker, end users, service providers and investors in the report.

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